Peak Retirement Planning Inc. Acquires Shares of 10,754 Avery Dennison Corporation $AVY

Peak Retirement Planning Inc. acquired a new stake in shares of Avery Dennison Corporation (NYSE:AVYFree Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,754 shares of the industrial products company’s stock, valued at approximately $1,956,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares during the period. Root Financial Partners LLC lifted its stake in shares of Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 73 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Avery Dennison in the 3rd quarter valued at $36,000. Godfrey Financial Associates Inc. acquired a new position in shares of Avery Dennison in the 4th quarter valued at $37,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Avery Dennison in the 2nd quarter valued at $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Mitchell R. Butier sold 13,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the sale, the director owned 198,147 shares of the company’s stock, valued at $33,982,210.50. This represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.81% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. UBS Group decreased their target price on shares of Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research note on Friday, April 10th. JPMorgan Chase & Co. decreased their target price on shares of Avery Dennison from $205.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Citigroup decreased their target price on shares of Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. Finally, BMO Capital Markets upped their price objective on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison currently has an average rating of “Moderate Buy” and a consensus target price of $204.11.

Check Out Our Latest Analysis on Avery Dennison

Avery Dennison Stock Performance

NYSE:AVY opened at $157.13 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 1.15. The company has a fifty day moving average of $165.27 and a two-hundred day moving average of $176.40. The stock has a market capitalization of $12.02 billion, a PE ratio of 17.71, a P/E/G ratio of 2.67 and a beta of 0.82. Avery Dennison Corporation has a fifty-two week low of $152.68 and a fifty-two week high of $199.54.

Avery Dennison (NYSE:AVYGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.06. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Avery Dennison had a net margin of 7.66% and a return on equity of 33.69%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 earnings per share. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. As a group, research analysts forecast that Avery Dennison Corporation will post 10.05 earnings per share for the current fiscal year.

Avery Dennison Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. Avery Dennison’s payout ratio is currently 42.39%.

Avery Dennison Company Profile

(Free Report)

Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.

The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.

Further Reading

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Institutional Ownership by Quarter for Avery Dennison (NYSE:AVY)

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